Common use of Extended Term Rent Clause in Contracts

Extended Term Rent. In the event Tenant exercises Tenant’s Option to Extend set forth herein, all the terms and conditions of this Lease shall continue to apply during the Extended Term, except that the Base Rent payable by Tenant during the Extended Term shall be equal to one hundred percent (100%) of Fair Market Rent (as defined below), as determined pursuant to Section 3.02(c) below. “

Appears in 2 contracts

Samples: Work Letter Agreement (Cloudera, Inc.), Work Letter Agreement (Cloudera, Inc.)

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Extended Term Rent. In the event Tenant exercises Tenant’s the Option to Extend set forth herein, all the terms and conditions of this Lease shall continue to apply during the Extended Term, except that the Base Rent payable by Tenant during the Extended Term shall be equal to the greater of: (i) the Base Rent due hereunder with respect to the last month of the initial Lease Term; and (ii) one hundred percent (100%) of Fair Market Rent (as defined below), as determined pursuant to Section 3.02(c) below. “

Appears in 1 contract

Samples: Triple Net Space Lease (Financial Engines, Inc.)

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Extended Term Rent. In the event Tenant exercises Tenant’s its Option to Extend set forth herein, all the terms and conditions of this Lease shall continue to apply during the Extended Term, except that the Base Rent payable by Tenant during the Extended Term shall be equal to one hundred percent (100%) of Fair Market Rent (as defined below), as determined pursuant to Section 3.02(c3.03(c) below. “

Appears in 1 contract

Samples: Lionbridge Technologies Inc /De/

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